from Engadget by
Joshua Topolsky ZAP (which stands for Zero Air Pollution) announced another new entry to its electric car stable, an as-yet-unnamed sedan that will apparently sell for $30,000. The California based company claims their new model will reach a top speed of 100 mph, and will have a 100-mile range between charges. But here's where this story gets really interesting: ZAP announced a
different model back in January which still hasn't seen the light of day, and AutoblogGreen questions whether the company has been using press releases as a method of increasing their stock price for short term cash-flow. Competitors like
Tesla have prototypes on the road, but no such luck with ZAP, which certainly raises a number of questions, and
definitely gets you thinking about the word vaporware.
Read -- ZAP press release
Read -- AutoblogGreen's take on ZAP
Read More...
Summary only...
Tossing out the idea of renting / leasing the battery of an electric car isn't exactly revolutionary, but it sounds like GM may be hitching a ride on the ever-growing bandwagon. Reportedly, the firm is mulling the idea of allowing Chevy Volt buyers to "rent the vehicle's battery as a way of pricing the automobile at a comparable level to a traditional, petrol-driven family [motorcar]." Apparently, GM is hoping to get ten years of life from the battery packs and to price the Volt like a "traditional mid-market car." Notably, no further information regarding potential contracts or sales strategies were divulged, but considering the launch date for this sucka is just around the corner, we're sure relevant decisions will be made soon enough.
[Via AutoblogGreen]
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